Report Ocean has published the latest research report on the sterilization technology market. In order to understand a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that relate specifically to the market under study. Moreover, the sterilization technology The market study demonstrates a detailed examination of the state of the company, which represents creative means for the growth of the company, financial factors such as production value, key regions and growth rate .
The Global Sterilization Technologies Market is expected to reach a market value of USD 8,142.61 million by 2023 from USD 5,074.58 million in 2017 at a CAGR of 8.20% during the forecast period of 2018 to 2023.
Sterilization refers to a process that removes or kills all pathogens using various technologies and methods applied to the sterilization of medical equipment and devices in healthcare facilities. There is an increase in the demand for sterilization technologies across the world. With patient safety and the prevention of nosocomial infections being a major concern, the demand for sterilization technologies in the healthcare sector is increasing. The market for sterilization technologies is driven by increasing number of hospital-acquired infections, increasing number of surgical procedures, growth of pharmaceutical and biotechnology industries, and increasing technological advancements in sterilization equipment. However, the strict regulatory framework might hamper the market growth during the forecast period.
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In 2017, the Americas held the largest market share with 40.1%, followed by Europe and Asia-Pacific with shares of 34.4% and 17.48%, respectively.
The global sterilization technologies market has been segmented on the basis of process, type, end user, and region.
By type, the global sterilization technologies market has been categorized into ethylene oxide, ionizing radiation, filtration, heat sterilization, and others.
Based on the process, the global sterilization technology market has been categorized into chemical process, physico-chemical, synergistic process, and physical process.
By end-user, the global sterilization technology market has been segmented into hospitals and clinics, pharmaceutical industry, and medical device manufacturers.
Key players in the global sterilization technologies market include Advanced Sterilization Products Services Inc., Atec Pharmatechnik GmbH, Sterile Technologies Inc., Steris Plc, 3M Company, Feldmeier Equipment Co., Donaldson Co. Inc., and Beta Star Life Science Equipment Inc. . .
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> To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global Sterilization Technology market
> Provide insights into factors influencing and affecting market growth
> Provide historical and forecast revenue of market segments and sub-segments with respect to countries
> Provide strategic profiling of key market players and thoroughly analyze their market shares and core competencies, and draw a competitive landscape for the market
> To provide economic factors that influence the global Sterilization Technologies market
> To provide detailed value chain and supply chain analysis of the global Sterilization Technologies market
> Manufacturers of sterilization technology
> Suppliers and Distributors
> Pharmaceutical companies
> Research and Development (R&D) companies
> Market research and consulting service providers
> Potential investors
> Raw material suppliers
> The global Sterilization Technologies Market is expected to reach USD 8,142.61 Million by 2023 at a CAGR of 8.20% from 2018 to 2023.
> Based on type, the ethylene oxide segment accounted for the largest market share with a CAGR of 7.76% in 2017.
> The Americas market is expected to register a CAGR of 8.31% from 2018 to 2023.
> Asia-Pacific is expected to be the fastest growing market, registering a CAGR of 8.58% from 2018 to 2023.
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o North America
o Latin America
o United Kingdom
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
> Middle East & Africa
o Middle East
Associated industry rating
Market Competitive Landscape
Analysis of leading companies
Market analysis and forecast, by product type
Market analysis and forecast, by applications
Market analysis and forecast, by region
Conclusions and Recommendations
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